DePin, which was short of decentralized physical infrastructure networks, was one of the most dominant trends in Crypto in 2024. Empowering them through Blockchain technology, DEPINS allows gatherings of shareholders in possession of networks and control of devices in the real world. Although this sector is relatively emerging, it has already grown to the capital of a market of $44.34 A billion, led by high -level projects such as BitTensor, Render and Filecoin.
This article explains how DEPS works and explores the cases associated with the above projects before discussing how these networks can help increase the adoption of Blockchain protocols.
Defin Definition
Physical infrastructure networks, such as energy networks, are expensive for building and maintaining, and are traditionally controlled by the central authorities. DePins provides an alternative model: P2P counterpart networks that allow entities (using their own devices) to provide resources directly to consumers and participate in network governance. Blockchain technology works as a record of contributions and a means to stimulate participation by issuing bonuses in the form of an encrypted currency.
DePins distribute physical or digital resources, and is generally characterized by its location. The devices used to provide material resources should be in a specific place, such as the power network near the city. On the other hand, digital resources, such as computing power, can be provided from anywhere in the world. However, both types require a degree of infrastructure, thus using materialism in the parachute term.
One of the largest Depins is the ability to expand. Although central networks may have to invest in devices or facilities to meet the growing demand, which sitting asleep if the demand decreases at a later time, DePins can generate an additional capacity by attracting new suppliers who seek to invest their excess resources. Blockchain technology also gives benefits:
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DEPINS is inexpensive, which means that anyone can become a supplier
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Decentralization networks are less likely to fail to failure
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The fee structure should be more fair to consumers because DePins cut mediators
However, the first days of this new model are still. Adoption is a major success factor, especially if the supplier profitability depends on the value of the original code for the DePin project.
DEPIN use cases
While there is a wide range of data use, data from Coinmarketcap He explains that the three projects that have the largest market value from November 2024 were Bittensor ($ 4.1 billion), the offer ($ 3.8 billion) and Pilecoin ($ 3.3 billion). The reach of the top five (but it is not covered in this section) is the THETA Network ($ 1.9 billion) and Arweave ($ 1.3 billion), which is a decentralized storage network.
Asking
Artificial intelligence (AI) has a great impact on our daily life, but central models such as Chatgpt put a large amount of control in the hands of a limited number of technology giants while providing a little transparency in how they work. AI (Deai) has decentralization the ability to overcome these challenges, but a few Blockchains can provide the computing power required to train models and output production, known as inference. This is the place where DePins such as bittensor, a protocol that allows suppliers to contribute to the treatment force, which it uses to train and improve AI models collectively. The network is equivalent to Tao.
Make
Decentralized computer networks destroy access to computing resources, making them more affordable for companies and smaller individuals. The display network connects the suppliers to the authority of the GPU with artists and studios that it uses to create graphics, such as converting 3D models into two -dimensional images. The payments in their RNDR code are kept in the guarantee until the consensus mechanism on the “Proof of the Display” protocols is kept that the drawing has been successfully created.
Felicoin
Decentralization storage networks are a safer method for storing data from central databases that are vulnerable to infiltrators and power outages. Suppliers can generate income by renting an unused storage space on their devices, while users benefit from low costs and an increase in peace of mind. Filecoin was launched in 2020 as a substitute for the cloud, and was one of the first projects in the DePin area. Contracts can be flexible, and users are pushed to store and recover their data elephantThe original symbol of the platform.
DePin effect on Blockchains
One of the largest engines of Blockchain’s adoption is the number of use cases in the real world, which contribute to the effect of the network (increase in value with the use of more people) and the creation of transactions fees. For this reason it is important to adopt innovation protocols, such as Deai, Deai and decentralization.
Some DePin projects such as BitTensor and Pilecoin are independent Blockchains, but others depend on third -party protocols. Looking at the maximum sector market, securing a large share must enhance the value of the original symbol of the protocol.
Take Solana, for example, which he offers (although it also works on ETAREUM, Polygon) and Helium, a DePin project that provides decentralized WiFi. Solana is widely considered one of the most supportive chains due to its efficiency (according to formIt can be treated 1,154 transactions per second as of December 11, 2024, expansion and low transaction fees ($ 0.000032 as of December 11, 2024, according to it. Sandin dune analyzes).
According to the latest Solana Debine shot,, Published by Analytics Flipside, Render and Helium, among the most powerful DePin drivers on the network in the first half of 2024. Time), while helium subscribers reached nearly 90,000 in the same month.
conclusion
DePins provides a substitute for traditional physical infrastructure networks, such as energy networks. It acts as P2P networks, which allow suppliers to provide resources directly to consumers and earn encryption bonuses in return. Some of the benefits they provide include expansion, safety and ease of access.
Examples include some of the most successful DePin projects so far, which facilitate the onchain ai; View, decentralized computer network; Filecoin, no central storage network.
By providing use in the real world, DePins can contribute to Blockchain growth. Solana, the home of WiFi Network Helium, is one of the most popular protocols among DePin projects thanks to the ability to expand, efficient and low transaction fees. to Gain exposure to the DePin sector without buying distinctive symbols directly, a wide range of current products is already targeting this promising market.
